Carver Bancorp, the holding company for Carver Federal Savings Bank, has announced that CFO Roy Swan will resign from the company to join an investment bank, effective September 12, 2008.
The company has said that it will work quickly to select an interim CFO and a search process is underway to identify a permanent replacement.
Deborah Wright, chairman and CEO of Carver Bancorp, said: On behalf of the company, I thank Roy for his dedicated service and important contributions to Carver over the past three years. Roy made marked improvements over the past year as CFO, strengthening our accounting and finance department and leading initiatives that included finalizing the integration of Community Capital Bank; SOX 404 compliance; and a recent business optimization review.